Which of the following is an advantage of leasing an automobile?
a. vehicle is not owned
b. lease agreements are consumer friendly
c. monthly lease payments are lower than monthly purchase payments
d. mileage, repair, and early return costs
e. qualification
c. monthly lease payments are lower than monthly purchase payments
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The amount of net income will be the same regardless of whether the cash or accrual basis of accounting is used
Indicate whether the statement is true or false
Failure to indorse a check is considered improper presentment, and the person presenting the check is not considered a(n) ____________________
Fill in the blank(s) with correct word
Hydro Source Company contracts to sell pumps, tanks, and water storage systems to Inflo Irrigation, Inc Before the goods are delivered, Inflo indicates that it will not be able to pay. Hydro Source can A)?force Inflo to accept and pay for the goods
B)?require Inflo to find a buyer for the goods. C)?resell the goods and recover any damages from Inflo. D)?do nothing.
In Arthur J, Gallagher v. Babcock, where Babcock quit working for Gallagher and went into competition, drawing away clients, and Gallagher sued to enforce a non-solicitation and non-competition agreement, the courts held that the agreements would be enforced and Babcock owed damages
a. True b. False Indicate whether the statement is true or false